I used Nifty Grants to claim R&D Tax in the last few months - what’s changed?

If you recently completed a FY17 R&D claim with us, you may have some questions about ‘what’s changed’.

Updates to our service enhancements & fees

For more than four years, Nifty Grants has been supporting small Australian businesses and startups to claim the R&D Tax Incentive.

When a team from PwC first conceived the concept and developed the platform, the idea was to create a way for smaller companies to access PwC expertise in a lower-touch and affordable way.

Over time and as a result of external factors, including increased attention and scrutiny of claims of all sizes and industries from the regulators (AusIndustry and the ATO), we have had to pivot our service model - which also affects how we charge for our service.

The aim of our new service delivery model is to ensure that we can provide you with an outcome that places your R&D claim in the most defensible position. We’re doing this by:

Being more hands on - providing more support and feedback throughout the claim process

Getting stuck into the detail - resolving the detail and intricacies of your business and R&D activities

Dedicated more time - ensuring that you get the exceptional service that you’d expect from PwC’s Nifty Grants

With these service enhancements, the cost to delivering our service has to increase. Keeping in line with our brand promise of transparency in service delivery and pricing, our new fee structure will remain as fixed-fee, based on spend with a minimum service fee of $5,000 (plus GST).

What's changed?

As you have recently used Nifty Grants you may have noticed that you have heard from us more often, we have asked more questions and spent more time on your claim.

While we offered this new level of service for prior year claims, it is not a sustainable model of business operations. For us to be able to keep up with the regulators expectations, the enhanced service model is required - and subsequently as is a fee increase.